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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Real Estate
Saudi Real Estate Price Index Q4 2024: 3.6 percent annual growth driven by residential, commercial sectors
Findings indicated a 5.0 percent rise in commercial property prices for the quarter
Economy
Saudi Q4 2024 Consumer Report: Over 200,000 inspections conducted to protect consumers
The report outlined measures to combat commercial fraud, managing over 150,000 complaints
Economy
Riyadh to host Global Labor Market Conference featuring 45 labor ministers, 200 experts
The event will focus on international collaboration and youth employment
Logistics
UAE leads five Arab nations in attracting 145 foreign automotive projects worth over $22 billion in 2024
The automotive sector in Arab countries attracted 184 foreign projects valued at more than $25 billion from 2003 to 2024
MENA
MENA region’s solar energy capacity to exceed 180 GW by 2030: Report
Solar capacity in the region rose 23 percent to 32 gigawatts in 2023
Logistics
flynas celebrates first direct flight between Riyadh and Entebbe in Uganda
flynas will operate three weekly flights on the new route between Riyadh and Entebbe
Banking & Finance
MENA IPOs hit 18-year high, bond issuance surges 86 percent in 2024: Report
Food delivery firm Talabat raised $2 billion in its stock market debut, the largest IPO in the MENA region during 2024
Banking & Finance
Google Pay set to launch in Saudi Arabia in 2025
Google Pay will offer users a secure and easy way to make purchases in stores, apps, and online
Energy
Saudi Arabia, Italy sign MoU to strengthen renewable energy collaboration
The agreement also covers petroleum, natural gas, and both conventional and transitional fuels
Economy
Saudi Arabia’s inflation rate hits 1.9 percent in December 2024, lowest among G20 countries
CPI reflects price changes for a fixed basket of 490 goods and services
Economy
Saudi Arabia, Singapore to establish Strategic Partnership Council as trade grows to $1 billion in 2024
Highlights both nations' commitment to advancing relations in economic and developmental sectors
Egypt
UAE leads Egypt’s foreign trade with $9.3 billion in 2023/2024
Egypt’s foreign trade surpassed $104.7 billion in FY 2023/24
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